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Telefónica’s rivals Vodafone, Orange and cable company Telecable are finalising an agreement with Spanish Mediapro and beIN Sports to have acces to La Liga rights over the next three seasons.
The three companies will offer 8 TV matches every weekend from the 2016-2017 season until 2018-2019 as well as the so-called ‘Partidazo’ with the best match of the week that Telefonica must open up to them at a price established by the CNMC.
The move comes as the CNMC urged Telefónica to open up its exclusive rights following its agreement with Mediapro for €2.4 billion, a price that will be reduced now by an estimated €240 million a year (over the next three years) for the loss of the exclusivity.
Telefónica’s rivals have consistently complained about the breach of competition in the market as a result of the agreement urging the CNMC to step in.